Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,788,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to 37 Mcnab St in the stunning town of Elora–where history and modern living blend seamlessly! This truly unique gem has a story as rich as its walls. Built just 10 years after the founding of our beloved village, this 182yr old house stands as one of the oldest structures in Elora. But here’s the twist–this once eroding schoolhouse has undergone a stunning transformation. It has been reimagined into a high-performance spec home by Quantum Passivhaus. The result? A breathtaking 4100 sq ft home that beautifully marries innovative design with an appreciation for local heritage. The new design isn’t just about preserving the past, it’s about creating a sustainable future. With cutting edge features, this home offers exceptional energy efficiency, luxurious comfort and craftsmanship, all while respecting its historic roots. Whether you’re hosting family gatherings or enjoying quiet evenings, this house provides a unique backdrop for your life’s new chapter. Don’t miss out on the chance to be part of this incredible community treasure!
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This detached home located at 37 MCNAB Street, Centre Wellington is currently for sale and has been available on SousaSells for 703 days. This property is listed at $1,788,000 with an estimated mortgage of $5,952* per month. It has 3 beds, 2 bathrooms, and is 3500-5000 square feet. 37 MCNAB Street, Centre Wellington is in the Elora/Salem neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Hospital, Fenced Yard
Other, Ventilation System, Separate Heating Controls, Water Heater Owned, Air Exchanger, Water Softener, Central Vacuum
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 37 MCNAB Street, Centre Wellington, ON N0B 1S0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.
About Purchasing a Home in Centre Wellington, ON
For a property listed at $1,788,000 in Centre Wellington, the legal minimum down payment is $357,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $32,235 for this transaction. As this listing is in Centre Wellington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $32,235.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.